Dividend Income Update October 2017

We all know what it’s like to come off our September highs of dividend income and report on less than spectacular numbers for October. It’s all part of dividend investing as we covet those end of quarter months the most and are often less enthusiastic about the first month of every quarter. As long as we can report progress each month and our annual goals are intact, who cares. With that being said, let’s take a look back at my October 2017 dividend income.

Dividend income from my taxable account totaled $381.08 up from $296.19 an increase of 28.7% from October of last year.

Dividend income from my ROTH account totaled $133.40 down from $137.69 an decrease of -3.1% from this time last year.

Dividend income from my IRA account totaled $1.95 up from $0.00 last October.

Grand total for the month of October: $516.43 an increase of 19.0% from October 2016.

Brokerage Account

Year to date dividends: $3,871.24

ROTH Account

Year to date dividends: $1,548.75

IRA Account

Year to date dividends: $494.91

So there you have it. No complaints from me about a nice double digit year over year gain. It just goes to show that with consistent investing, diversification, reinvesting, adding fresh capital and not getting shaken out of the market because of scary financial headlines, it is possible to create and grow an ever increasing passive income stream which is at core to dividend growth investing.

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I’m an early 40′s Internet entrepreneur that launched several dot coms with varying success in each. At the very least my living has been made online for the past 17 years and at the ...
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I’m an early 40′s Internet entrepreneur that launched several dot coms with varying success in each. At the very least my living has been made online for the past 17 years and at the most I had a fun time in each venture.

I began seriously investing for dividend income around 2007 when my business at the time was literally falling off a cliff, as most of the world was starting too as well, when my need for another income stream became more apparent. I have always known the benefits of dividends from my very first stock purchase back in 1988 but wasn't yet sold on the concept of tying up my money indefinitely purely for a dividend income stream. It was around that time that I learned about Dividend Aristocrats and Dividend Champions when it all just made sense. I could literally see the effects of compounding dividends from these select companies and thought a nice diversified portfolio could provide me with a decent to excellent income stream decades down the road.